Economic Perspective

Spain is on track to re-enter Germany’s top ten export markets as trade flows between the two economies strengthen, signaling a notable shift in European commercial dynamics. After several years outside Germany’s leading export destinations, Spanish demand for German goods is rising, supported by resilient

The U.S. economy recorded strong growth in the third quarter, expanding at an annualized pace of 4.3 percent and marking its fastest advance in nearly two years. The increase was driven primarily by resilient consumer spending, a rebound in exports and higher government expenditures, signaling that economic

Emerging markets have staged a strong recovery in the first half of 2025, benefiting from a weaker dollar, renewed investor appetite, and resilient domestic demand. Equity indices across Latin America, Southeast Asia, and parts of Eastern Europe have recorded gains unseen since 2018. The MSCI Emerging

Global economic growth has entered a phase of visible deceleration as 2025 unfolds, marked by persistent trade tensions, cautious monetary policies, and structural weaknesses across major markets. The World Bank has projected that global output will expand only 2.3 % this year, the slowest pace in